Traders now see two Fed rate cuts this year after benign December inflation data

Traders now see two Fed rate cuts this year after benign December inflation data

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Investing.com — Traders of interest-rate futures are now predicting nearly equal chances on Wednesday that the Federal Reserve will lower interest rates twice by the end of this year, according to data compiled by Reuters. The first decrease is now anticipated in June.

The change comes after the government data revealed that consumer prices had increase

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